other material
confidence high
sentiment positive
materiality 0.65
Greenwave approved to uplist to Nasdaq; reports record Q2 revenue of $10.7M
Greenwave Technology Solutions, Inc.
- Common stock begins trading on Nasdaq Capital Market at market open July 22, 2022 under ticker GWAV.
- Q2 2022 revenue of $10.70M, up 56% from $6.88M in Q2 2021; positive cash flow from operations for H1 2022.
- New shredder and downstream system on track for September/October; expected to double processing capacity.
- All convertible notes converting to common upon uplisting, resulting in ~$27M shareholders' equity.
- Price protection provisions in warrants and preferred shares expire upon uplisting.